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Maximin Is a Criterion Used When Making Decisions Under _____________

question 11

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Maximin is a criterion used when making decisions under _____________.


Definitions:

Chi-square

A statistical test used to determine if there is a significant difference between observed frequencies and expected frequencies in one or more categories.

Normal Curve

A bell-shaped curve that represents a distribution of values, means, or variables symmetrically clustered around the mean.

Observation

The action or process of closely monitoring or noting phenomena as they occur in a systematic manner for data collection.

Chi-square Statistic

A measure used in statistics to evaluate how well observed data fit expected outcomes under a specific hypothesis, often related to categorical data.

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